Content from Russ Banham
Russ Banham is a Pulitzer-nominated business journalist and author of 24 books.
Putting Insurer Innovation Under the Rating Agency Microscope
Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement by A.M. Best that it may soon begin scoring insurers' innovation efforts. ...
Visions of Commercial Transportation: The Future of Commercial Auto Insurance Is Here
For several years now, the commercial auto segment has been among the property/casualty insurance industry's worst performing lines. Wounded by a sharp uptick in claims frequency and severity and ...
Predictive Analytics in Practice: Carrier Executives Talk ROI
Back in April, A.M. Best cited the use of predictive analytics by carriers as a factor in improved bottom lines and balanced underwriting cycles. But exactly how are property/casualty underwriting ...
Prejudice and Pride on the Road to the C-Suite: The Story of XL Catlin’s CDO
Math has been the one constant in Henna Karna's life. The chief data officer of XL Catlin today heads up the data and digital transformation team at the global property/casualty insurer and ...
Extraordinary Re’s Extraordinary Idea
Imagine there's a way for institutional investors to trade insurance risks much like they trade stocks. Well, imagine no more. A new and unique reinsurer, Extraordinary Re, has hit upon the novel ...Liquid Gold
One of Extraordinary Re's many innovations is a patented technology process that transforms each reinsurance contract assumed on its trading platform into what are called "liquid insurance ...
Catastrophe Bonds A to Z
A reader of this publication, the president of an insurance agency, recently wrote to say he kept hearing about catastrophe bonds but had little knowledge of what they were. He was curious if these ...
Leadership and Legacy: When Enough Is Enough at the Top
When to retire is one of the toughest decisions for any executive to make. For a CEO at the top of the pyramid, the decision is rife with complexities. Not only must the CEO relinquish day-to-day ...